Bell Boeing CMV-22B Osprey Successfully Completes First Flight

January 21, 2020

Demonstrates tiltrotor capability ahead of delivery to the U.S. Navy

AMARILLO, Texas (Jan. 21, 2020) – The first CMV-22B Osprey, built by Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, and Boeing (NYSE: BA), completed first flight operations at Bell’s Amarillo Assembly Center. The CMV-22B is the latest variant of the tiltrotor fleet, joining the MV-22 and CV-22 used by the U.S. Marine Corps and U.S. Air Force.

The U.S. Navy will use the CMV-22B to replace the C-2A Greyhound for transporting personnel, mail, supplies and high-priority cargo from shore bases to aircraft carriers at sea. Bell Boeing designed the Navy variant specifically for carrier fleet operations by providing increased fuel capacity for the extended range requirement. The mission flexibility of the Osprey will increase operational capabilities and readiness, in addition to ferrying major components of the F-35 engine.

“The first flight of the Navy’s CMV-22B marks a significant milestone for the V-22 program and for Naval Aviation,” said Chris Gehler, Bell V-22 Vice President and Bell Boeing deputy program director. “The Osprey has always been a revolutionary aircraft, and we look forward to continuing to support the evolving needs of the Navy with advanced tiltrotor capabilities.”

Bell Boeing will deliver the first CMV-22B to Air Test and Evaluation Squadron (HX) 21 in early 2020 for developmental test.

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About Bell

Thinking above and beyond is what we do. For more than 80 years, we’ve been reimagining the experience of flight – and where it can take us.
We are pioneers. We were the first to break the sound barrier and to certify a commercial helicopter. We were a part of NASA’s first lunar mission and brought advanced tiltrotor systems to market. Today, we’re defining the future of on-demand mobility.
Headquartered in Fort Worth, Texas – as a wholly-owned subsidiary of Textron Inc., – we have strategic locations around the globe. And with more than 1,300 of our workforce having served, helping our military achieve their missions is a passion of ours.
Above all, our breakthrough innovations deliver exceptional experiences to our customers. Efficiently. Reliably. And always, with safety at the forefront.

ABOUT TEXTRON INC.

Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, Textron Systems, and TRU Simulation + Training. For more information, visit: www.textron.com.
Certain statements in this press release may project revenues or describe strategies, goals, outlook or other non-historical matters; these forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update them. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements, including but not limited to, the efficacy of research and development investments to develop new products or unanticipated expenses or delays in connection with the launching of significant new products or programs; changing priorities or reductions in the U.S. Government defense budget, including those related to military operations in foreign countries; changes in worldwide economic or political conditions that impact demand for our products, interest rates or foreign exchange rates; our ability to perform as anticipated and to control costs under contracts with the U.S. Government; the U.S. Government’s ability to unilaterally modify or terminate its contracts with us for the U.S.
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David Rosenberg, Vice President, Investor Relations
(401) 457-2288
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